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Algeria Implements 2024 Finance Law with VAT Exemptions and Reduced Rates

  • Law No. 22-23 has been published in the Algerian Official Gazette on Dec. 31, 2023
  • The law implements the 2024 finance law in Algeria
  • The law includes measures such as establishing VAT exemption until Dec. 31, 2024, and Dec. 31, 2026, for specific goods and services, including fixed internet-related services
  • There is also a reduced VAT rate for specific goods and services

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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